Regardless of unpredictability the COVID pandemic has caused for Torontos real estate market residents are still interested in buying a new home in the months ahead according to the new survey from Toronto Regional Real Estate Board
Sellers are currently willing to concede discounts of around 5 per cent while bidders are hoping for about 20 per cent off pre-pandemic prices
The pandemic has forced companies to make crisis decisions and forced a lot of executives to see that remote working is a viable choice
It was not just a mess but an obvious mess
Banks may clamp down on HELOCs to reduce the risk of spikes in sour loans which the banks are already bracing for
Property owners are offering up short term accommodations at reduced prices to nurses doctors and long term care staff
According to the city the COVID19 outbreak and response is costing Toronto 65 million dollars each week through a mixture of lost revenue and increased spending
TREBs senior analyst tells us how the pandemic has affected the real estate market
A report from RBC explains whether COVID19 will have an impact on the housing market
Toronto residents Mike and Andrée Sullivan are selling their century home after 27 years. Despite the COVID-19 pandemic, the city’s real estate market is showing few signs of slowing down.
An overview of the process of buying what is known as pre construction from the builder.
The shrinking of margins by lower rates is set to combine with a potential recession to create a bleaker-than-expected year for Canadian lenders, investors and analysts said.
Short-term rental companies that lease homes and condo units may be uniquely exposed to the fallout of the coronavirus outbreak.
Market poised for a hot spring — with lower mortgage rates likely to offset any major drag from the coronavirus
Demand for crane operators is soaring in and around Toronto where about 120 cranes rise from projects across the metropolitan area
Condos are driving much of the momentum in the local real estate market, with the Toronto real estate board forecasting a further 10 per cent rise in condo prices this year.
A year after encampments sprung up under the Gardiner, the war of words between housing activists and City Hall reaches a tipping point in the city's most marginalized neighbourhood
TREB survey finds buyers had to adjust their expectations last year just as it expects home prices to rise nearly 10 per cent this year
MortgageCalculator is the industrys leading Financial Planning Tool that is designed to help real estate buyers compare current mortgage rates of multiple Canadian financial institutions
Poloz has pointed out a need for banks and financial services in Canada to think more creatively about risk sharing and mortgages
Urbanations Shaun Hildebrand said a total of Sixty Nine Thousand Five Hundred Sixty Four apartments were under construction or proposed for development by the end of 2019 but it will take time for those to become occupied
The average rate on the 30-year fixed mortgage fell to the lowest level since October this week, at 3.69%, according to Mortgage News Daily. That has an already competitive housing market heating up even more.
A recession is not expected in Canada this year despite a number of global uncertainties and trade tensions, according to a top Scotiabank economist, but growth will likely remain unexceptional
After a disappointing 2018 when housing prices and sales declined 2019 has been a year of resilience for housing markets across most of Canada
Torontos low income renters may soon get some relief from the citys overheated market following the announcement of one billion four hundred million dollars rental housing benefit cofunded and agreed on by the provincial and the federal governments
Mayor John Torys plan to increase property taxes is good news for Toronto
Price increases of about three percent across the country have been predicted
This is the best time of year to make one big ticket purchase new data suggests
One in four buyers say they had to cut back on expenses rely more on savings and buy a smaller home
Tech companies make up only a paltry five per cent of Canada’s biggest exchange Of that just three stocks Constellation Software Shopify and CGL account for three quarters of the total value
I am regularly surprised at how frequently a land survey is viewed as unnecessary when it could be considered the single most important document in a real estate transaction
David Wilkes writes that an estimated 64 per cent of qualified buyers would return to the housing market if the mortgage stress test were adjusted
New taxes for non-Canadian buyers supported by both Liberals and NDP
As per a Royal Lepage Poll Immigrants buy twenty one per cent of houses and may purchase six hundred eighty thousand homes during the next five years
Regulators raise appraisal threshold for first time since 1994
Billionaire Andrew Carnegie famously said that 90 percent of millionaires got their wealth by investing in real estate and we wanted to know whether this is still true
A plan at City Hall to reorganize the citys real estate holdings that could save taxpayers money looks good on paper
I loved my apartment in Toronto
Realtor calls it an interesting property that will no doubt draw demand
Prices range from over 1000 dollars in Vancouver to just over 300 dollars in Calgary
Six stations will also be added to existing GO Transit rail corridor
The GTA market is showing signs of a rebound, with a 12% increase in resale volume in October and slight increase in prices
TD will start charging borrowers an extra 10 basis points or 0.1 per cent for all fixed rate mortgages that take more than 25 years to pay back. They will also be executing an extra cost for mortgages on rental properties, which will charge borrowers 25 basis points more.
The Ontario Government is looking to double the maximum tax rebate that is offered to first-time homebuyers alongside raising the land-transfer tax on house purchases over $2 million.
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